Around the Net
Apple Will Pass On Tax Savings To Shareholders, Not To Build US Factories
- The Telegraph, Thursday, February 16, 2017 8:12 AM
Apple has quashed Donald Trump's hopes that it would build its products in the U.S., saying it would give the extra money earned from relaxed tax laws to shareholders rather than investing in manufacturing at home. President Trump has promised to lower repatriation taxes, which take a large chunk out of companies' earnings when they move cash from abroad back to their home country.
